Print
E-mail
Share
iPod
del.icio.us
digg
Newsvine
FacebookLetter to the editor:
McCain warned us of financial debacle
Tue, Sep 23, 2008 (2:04 a.m.)
Saturday’s Las Vegas Sun brought a letter from Margaret Feinblatt, telling us she is voting for Barack Obama and that John McCain “voted over and over again to deregulate Wall Street and is surprised at corporate greed and mismanagement.”
Perhaps Ms. Feinblatt should consider other parts of the picture. McCain also gave repeated warnings on the Senate floor that regulations were being blithely overlooked, especially in the case of Fannie Mae and Freddie Mac. In return for “looking the other way,” roughly 340 members of Congress accepted monetary contributions from Fannie/Freddie employees over a nine-year period.
Although he was in the Senate for only a fraction of those nine years, Obama ranks No. 3 in terms of such contributions. Ms. Feinblatt seems to be in favor of regulations, but what good are regulations if the regulators are more interested in being bought off than in doing their job? Ms. Feinblatt says things were great under Clinton, but many of those in upper management at Fannie/Freddie (Franklin Raines, Jamie Gorelick, Jim Johnson, etc.) date to the Clinton administration.
Discussion: 33 comments so far…
Post a comment
- Most Read
- Discussed
- Most E-mailed
- Economy poses test for The Strip’s big night
- State recommends 18 years for Simpson
- Chief who set new course for LVAM is out, suddenly
- Henderson to offer buyouts to city employees; layoffs possible
- Weighty issues solved: De La Hoya, Pacquiao ready
- Historic night on tap for Mexican/American MMA fighters
- Builder sees green light in red-flag economy
- What Gibbons would say to Obama
- Harrah’s vice chairman stepping down
- A recession-proof fight? Promoter thinks so
Blogs
Politics: The Early Line
Mining industry asked to pre-pay tax in budget deal
Now and Then
Traffic school film a blast from the past
Sports: UNLV
UNLV to host seven football recruits this weekend
Joe Brown
Vegas hometown boy Ne-Yo gets 4 Grammy nominations
Year-end list of year-end lists
Politics: The Early Line
Director: Yucca nuke dump an 'extreme stretch'
Culture and Entertainment
Top country acts to perform at NFR in Las Vegas
Bloggity, Bloggity, Bloggity
Sprint Cup racing should be affordable entertainment (13 Comments)
Calendar
- National Finals Rodeo at the Thomas and Mack Center (9 a.m. to 10 p.m.)
- Captain Bree, Scourge of the Seaat Green Valley Christian Center (6 p.m. to 8 p.m.)
- Blues Storm at the Sand Dollar Lounge (9:30 p.m. to 11:59 p.m.)
- Tracy Letts' Bug at The Onyx Theater (7 p.m. to 10 p.m.)
-
The Sun
Locally owned and independent for more than 50 years.
John McCain tried to save America in 2005.
John McCain was one of the 3 co-sponsors to S190. A bill that would have saved America a lot of money ache that is happening now. All the Democrats in the Committee voted against the bill and killed it.
Below is part of McCain's speech in 2005 on the Senate floor. Too bad, they did not listen to him.
"For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac--known as Government-sponsored entities or GSEs--and the sheer magnitude of these companies and the role they play in the housing market."
"I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole."
Harry Reid, Nancy Pelosi, Charles Schumer, Chris Dodd, and Barney Franks are negotiating our future this week.
Senate Majority Leader Harry Reid said yesterday, that Democrats in Congress will not grant President Bush "a blank check" $700 billion financial bailout bill without debate over amendments to "protect taxpayers." - But Democrats will give Bush a check.
President elect Barak Obama (backed by Robert Rubin, Jim Johnson, and 300 advisors) has made a point of NOT having on position on the negotiations. Obama said yesterday, that this effort is under siege from lobbyist.
All week, Obama has carefully just demonized the economy and blamed the GOP for all our problems. Harry Reid and Nancy Pelosi have back him up on the lack of Democratic involvement in these issues for the last 32 years.
Obama said yesterday, that this bailout effort is under siege from Lobbyists.
Among other issues, apparently the swarming Lobbyists are trying to expand the limited scope of bad mortgages to cover homeowners and all troubled loans.
Congressional ethics only requires that they do not take meal and trips from Lobbyists.
We need to have every contact between a lobbyist and a Congressmen or congressional staffer detailed and reported to the public.
Reid and Pelosi should start with this bill.
"We need to have every contact between a lobbyist and a Congressmen or congressional staffer detailed and reported to the public."
You need look no further than the 160 lobbyists running the McCain campaign... including former Fannie/Freddie lobbyists Rick Davis and Charlie Black.
Nance is spreading unsourced and inaccurate information on the death of S.190. (Yesterday, he claimed McCain WROTE the bill, and said it was bill "91" LOL!) He still has yet to prove that Democrats, or ANY Democrat, voted against the bill in committee.
So sad.
I do not have to prove anything. It is in the public record. All the Democrats on the committee voted against the bill.
LOL, no proof, then?
Link the public record.
Give me the names of the Dems who should be shamed.
Prove it.
http://www.realtor.org/GAPublic.nsf/page...
Well done, "nance"!! Party-line votes. ALL of the Democratics voted alike, as you have said.
I was looking as well.
("The Sarbanes substitute would have created an affordable housing fund based on the GSEs' profits, eased portfolio limits, streamlined program approval and increased the conforming loan limits for high cost areas.")
An "affordable housing fund, based on the GSE's profits". Sounds like liberals seizing profits and redistrubuting other people's money (maybe Raines could have book-cooked their earnings to cover this too, lol)
"eased portfolio limits": Hmmmm? Eased HOW = by making more loans to the poor, who couldn't afford a home anyway? Juss' askin?
"streamlined program approval": Less paperwork, less verification, what?
"increasing the conforming loan limits for 'high cost" (read, higher risk) areas?: More loans required for areas where credit is crap and affordability is low. IDK??
Good "duhhh-bunkment" to the lazy-lawyer, "the bs" - "nance".
While McCain co-sponsored this bill to give more oversight and tighter rules in the face of the FM's shakinesses, Sarbanes wanted it to be more financial socialism?
Haha! Nance is BUSTED!
From your own link, genius:
"The Committee ACCEPTED A SUBSTITUTE BILL authored by Banking Chairman Richard Shelby (R-AL). They disagreed to a Democratic substitute by Ranking Member Paul Sarbanes (D-MD). "
The REPUBLICAN-LED COMMITTEE didn't even consider the bill McCain co-sponsored!
Dems voted against a COMPLETELY DIFFERENT BILL!
HAHAHAHAHAHAHAHAHAHA!
Nance, thanks for PROVING YOURSELF WRONG!
Dufus....McCain did not become a co-sponser of the s190 or give a speech on the floor of the senate until after that committee vote.
The bottom line is that the Democrats, starting with Clinton, wanted Fannie Mae and Freddie Mac to have an agressive sub-prime product so that minorities would get into houses that they normally would not qualify for.
Obama was number in receiving cash from Fannie Mae and Freddie Mac ....he did that by being in the Senate for only 3 years.
McCain wanted to put the brakes on Fannie Mae and Freddie Mac. Democrats wanted the sub-prime's to continue to flood the markert.
No, you claimed the Dems spiked THIS BILL, S.190. They did not. They voted against a bill written by Shelby! And that bill NEVER LEFT COMMITTEE!
S.190 NEVER CAME TO A VOTE IN THE COMMITTEE. Your claim that the Democrats voted against it is nothing more than a LIE.
McCain's co-sponsorship is meaningless, as he didn't sign on until AFTER S.190 was dead. That means NOTHING. After-the-fact support for a bill? That's GUTLESS. And let's not forget that YOU originally said that McCain had WRITTEN the bill, when he had not.
Furthermore, Hagel reintroduced the Fannie/Freddie regulatory bill in 2007, and guess who's name is NOT attached? McCain!
http://www.govtrack.us/congress/bill.xpd...
You absolutely LOSE this argument.
AHAHAHAHAHAHA!
Some folks here should be turning down their AM radios and picking up newspaper and start looking for some facts.
Thanks to the Republican "oversight" of the last 8 years, we are being told we HAVE to bail out the Wall Street millionaires and their companies who scammed the system, to the cost of $700 Billion. That, in addition to spending $12 Billion a month in Iraq; over $100 Billion per year.
The Bush/McCain years have done to more expand government, and increase the deficit than anyone could have thought.
And still, McCain wants to give our health insurance plans the Wall Street treatment. He said this in Contingencies Magazine, Sept/Oct08: "Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation."
The mess the country is in is clearly the result of the party that has been minding and controlling the store for the past 8 years. There is no way Republicans are not responsible. The President decides what legislation to sign, and the Republicans decide what legislation to veto.
We need someone in charge who's looking out for the average guy, not the financial elite. I am voting for the successful guy raised by a mother on food stamps, not the guy who doesn't know how many houses he owns, and buys $450 loafers, and says the "economy is fundamentally sound" (until he flip-flops on that too)
We need the smart folks to get us out of this mess, and that is clearly Obama/Biden.
"No, you claimed the Dems spiked THIS BILL, S.190. They did not. They voted against a bill written by Shelby! And that bill NEVER LEFT COMMITTEE!"
Wrong, "the bs"! S.190 (2005) did go to the Senate floor, where it was died due to lack of Democrat support (Senate, need 60 votes). (222)
xxxxxx
"S.190 NEVER CAME TO A VOTE IN THE COMMITTEE. Your claim that the Democrats voted against it is nothing more than a LIE."
Wrong, "the bs". YOU lie! It did come to a vote in committee, was passed (without Sarbanes' socialist terms) and went to the floor. (221)
xxxxx
http://goliath.ecnext.com/coms2/gi_0199-...
xxxxx
"McCain's co-sponsorship is meaningless, as he didn't sign on until AFTER S.190 was dead.
It was NOT dead in 2006. McCain was not on in 2007, idk why - but for "the bs" debunkment, it doesn't matter). (220)
xxxx
"That means NOTHING. After-the-fact support for a bill? That's GUTLESS. And let's not forget that YOU originally said that McCain had WRITTEN the bill, when he had not".
I'll just leave this embarassing bleating hanging like a bled cow!. (219, 'just cause you're not scoring points anymore, but I am)
xxxxxx
Furthermore, Hagel reintroduced the Fannie/Freddie regulatory bill in 2007, and guess who's name is NOT attached? McCain! http://www.govtrack.us/congress/bill.xpd......
You site has nothing to do with the subject matter as notated here. (218)
xxx
Even Barry Obama's own website says that S.190 went to the floor, LOL! (217)
http://my.barackobama.com/page/community... (second story down)
July 28th, 2005 -
Washington, D.C. - The Senate Banking Committee today approved legislation introduced by U.S. Senator Elizabeth Dole and her colleagues Chuck Hagel (R-NE) and John Sununu (R-NH) that would improve oversight of Government Sponsored Enterprises (GSE). The bill, the Federal Enterprise Regulatory Reform Act (S. 190), must now be considered by the full Senate.
xxxxx
Read your ongoing debunkment as I laugh, "the bs". I count SIX MORE self-debunkments in your post. So far, 60 in total as of yesterday.
Uhhhhh....Obama and his Democratic pals have been running the House and Senate for the two years.
What have they done to prevent this mess? Zero
The last major deregulation bill was signed into law by Bill Clinton.
Clinton and the Democrats for years have been pushing Fannie Mae and Freddie Mac to go overboard into pushing these crazy sub-prime loans so that minorities could get into homes.
Wrong, "the bs"! S.190 (2005) did go to the Senate floor, where it was died due to lack of Democrat support (Senate, need 60 votes). (222)
"On July 28, 2005, the Senate Banking Committee considered and reported S. 190, the "Federal Housing Enterprise Regulatory Reform Act of 2005." This bill would create a new independent regulator for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks (GSEs)."
"The Committee accepted a substitute bill authored by Banking Chairman Richard Shelby (R-AL). They disagreed to a Democratic substitute by Ranking Member Paul Sarbanes (D-MD). The Sarbanes substitute would have created an affordable housing fund based on the GSEs' profits, eased portfolio limits, streamlined program approval and increased the conforming loan limits for high cost areas. It failed 9 yeas to 11 nays, and the Shelby bill passed on a straight party line vote of 11 yeas to 9 nays."
"Chairman Shelby assured Democratic Senators that he would continue to work with them before the bill is considered on the Senate floor to try to come to some compromise language. NAR will continue to work with the Committee to address REALTOR priorities. The bill is not expected to gain full Senate consideration unless an accommodation can be made to attract support from Democrats. "
http://www.realtor.org/GAPublic.nsf/page...
"Jul 28, 2005: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably."
http://www.govtrack.us/congress/bill.xpd...
The Hagel bill was never voted on.
A substitute bill, written by Shelby, was passed and NEVER HIT THE FLOOR OF THE SENATE. GovTrack proves this, NO DEBATE WAS SCHEDULED FOR THE BILL. It was neutered by YOUR PARTY.
You lose, Makz. You just utterly fail here. HAHAHAHAHA!
Why didn't the Republicans bring the bill to the floor? Too cowardly? Because it was a TOKEN GESTURE? Of course! Why didn't McCain sign on to Hagel's reintroduced version of the same bill in 2007? Too cowardly!
"Even Barry Obama's own website says that S.190 went to the floor, LOL! "
"The bill, the Federal Enterprise Regulatory Reform Act (S. 190), must now be considered by the full Senate. "
The REPUBLICANS never scheduled a vote on the bill, per GovTrack. They controlled the docket, Makz. You know this. Or, at least you should. LOLOL!
Here's a simple request: You said it went to the Senate floor. Find me a single reference to S.190 on the floor after July 28, 2005. You can't. The Republicans never scheduled it to be brought to the floor.
You can not find any Democrat support for S190.
And you can not find any Democrat in 2005 say anything like that McCain said.
Why? Because Democrats, like Obama, where getting cash from Fannie Mae and Freddie Mac and they fought tooth and nail any reform of Fannie Mae and Freddie Mac. They were worried that it slow down the flood of sub-prime loans that were placing minorities into homes.
Below is part of McCain's speech in 2005 on the Senate floor. Too bad, they did not listen to him.
"For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac--known as Government-sponsored entities or GSEs--and the sheer magnitude of these companies and the role they play in the housing market."
"I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole."
Why didn't the Republicans bring the bill to the floor? Too cowardly? Because it was a TOKEN GESTURE? Of course! Why didn't McCain sign on to Hagel's reintroduced version of the same bill in 2007? Too cowardly!"
Ask them; it is irrelevant for this discussion AND a point goes to me for such incessant stupidity (216).
xxxxx
"Even Barry Obama's own website says that S.190 went to the floor, LOL!
Yes, it did state that. As quickly as the Obama website scrubs itself of embarrassing information (opposition to the surge etc), I'm surprized they "left" it there, lol. (215)
xxxxxx
The REPUBLICANS never scheduled a vote on the bill, per GovTrack. They controlled the docket, Makz. You know this.
Irrelevant, as your contention was it never "left the committee". It did! (214)
No Democrat support, as explained, and you ignored, before. Several notations on the web of trying to amend language with Democrats to try to get 60 Senate votes. Dems were too busy protecting Raines, Johnson, Gorelick etc as they raped the books to score big $$$, for themselves and Dodd, Obama, etc...
Democratics never wanted any increased oversight back then; and waited several years until millions lost billions until they got serious.
You should know this, but are in-denial and whipping your own dead horse! Flog (yourself) away!
xxxxx
"Here's a simple request: You said it went to the Senate floor. Find me a single reference to S.190 on the floor after July 28, 2005. You can't. The Republicans never scheduled it to be brought to the floor."
Adding irrelevancies as in "moving the goalposts" is all you have "left". Did S.160, as Dole will confirm as co-sponsor, PASSED OUT OF COMMITTEE to the floor?? THAT was the point. Checkmate, again (213)
ttp://dole.senate.gov/public/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=d692e1c0-224d-4109-ac5e-14a5cfee0af8&Month=7&Year=2005
"The Senate Banking Committee today approved legislation introduced by U.S. Senator Elizabeth Dole and her colleagues Chuck Hagel (R-NE) and John Sununu (R-NH) that would improve oversight of Government Sponsored Enterprises (GSE). The bill, the Federal Enterprise Regulatory Reform Act (S. 190), must now be considered by the full Senate.
It gets confusing, the Senate rules, sometimes. On all counts of the subject (moving out of committee), you lose! As always!
You right wingers are in such a state of denial you don't realize George Bush is REPUBLICAN with veto power. I think some of you believe Bush is a democrat the way the accusations are flying. ALL of the bailouts have been requested by the Republican administration. Now another 700 billion bringing the Bush administration requested total to 1.8 TRILLION http://www.cnbc.com/id/26808715
Paulson has stated on each request that 'this' bailout will 'fix' the problem. Paulson has no clue obviously as he keeps coming back asking for more. Further, where is Bernanke? Why isn't he presenting the case? Why is Paulson acting like the federal reserve chairman?
If Bush were a democrat you'd see the far right marching in the streets screaming for impeachment. McCain is a republican who praises Bush's policies and cheerleads along with him "the fundamentals of our economy our strong". We don't need cheerleaders we need real leadership.
The but, but, but Clinton argument died long ago. The republicans had 6 years of unchecked control of government and we are seeing the results.
VOTE for REAL CHANGE - VOTE FOR OBAMA!
1. Paulson is a Democrat appointed by Bush to try to bridge a relationship with Democratis
2. Democrats have not even tried to pass any reform of Fannie Fae and Freddie Mac in the last 2 years
3. Clinton was the one who signed the last big deregulation bill
4. Clinton and the Democrats for years have wanted for Fannie Mae and Freddie to pump tons of sub-prime loans because it got minorities into houses.
Obama has done nothing except write books for the last 3 years. He is number 2 on the list of getting money from Fannie Mae and Freddie Mac and he has only been in the senate for 3 years...LOL
McCain in 2005 said this: "For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac--known as Government-sponsored entities or GSEs--and the sheer magnitude of these companies and the role they play in the housing market."
"I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole."
Obama said yesterday, that this effort is under siege from lobbyists looking to expand the bailout to all troubled debt, to cover homeowners, and foreign banks, and he is open to those changes it.
Congressional ethics only requires that they do not take meal and trips from Lobbyists.
We need to have every contact between a lobbyist and a Congressmen or congressional staffer detailed and reported to the public.
Reid and Pelosi should start with this bill.
Nance: Paulson was appointed in the Nixon and Bush administrations. Paulson is a republican (http://www.politicalbase.com/people/henr... ) , thanks for highlighting my point about denial. Your other lies have already been debunked several times.
Future: I guess you want McCains campaign manager to detail his dealings with Freddie Mac. http://www.nytimes.com/2008/09/24/us/pol...
Go ahead they were paid for by their CEOs including, Johnson and Raines, Obama's unregistered consultant.
Paulson supported Bill Clinton in his run in 1992 and Bill Bradley's run in 2000.
He has given money to Emily's list and to Chuck Schumer.
Paulson was co-CEO of Goldman Sachs with the now Democratic Jesery Gov. Jon Corzine.
I think Paulson likes to play on both sides of the fence.
As for Freedie Mac and Fannie Mae, this is all I need to know.
1) Democrats have resisted for years any reform of those companies
2) Obama is number 2 on the list of getting money from the them....and he has only been in the senate for 3 years
3) Obama's campaign got advice from ex-CEO's of Fannie Mae. Those ceo's received millions in bonuses by cooking Fannie Mae's books and hiding poorly performing loans
4) Democrats, starting with Bill Clinton ad, pushed Fannie Mae and Freedie Mac into aggressively giving out sub-prime loans so that minorities could buy loans
The question is tomorrow who is following lobbyist in the Senate on foreign banks, all troubled loans, on and on and on.
Actually a lobbyist ist not bad. They represent their business.
They have a point of view.
Do we want to stop debate?
I see that JF is still using the tools of THE COWARD: Deny, Lie, Lie, Deny...and to hell with facts...Just make them up or distort them.
BTW: JF Nance is still too much of a coward to answer my two sourced questions. So here is an easy one that even your little mind can grasp: Did John McCain Proudly boast that he championed the deregulation of the banking industry, YES OR NO?
and the bonus: Did McLame EVER< EVER Write an opinion stating that he favored deregulation of the healthcare industry, similar to the banking industry, YES OR NO?
Sadly I know you too much of a COWARD to answer here, so Just like most of your other posts, you are becoming more and more ignored.
Pathetic simpletons....
cmon....you still have not answer my questions.
Sadly I know you too much of a COWARD to answer here, so Just like most of your other posts, you are becoming more and more ignored.
Pathetic simpleton....
The real issue is GREED and DEREGULATION. Can't say that republicans are greedy (that belongs to everyone alike) but they are responsible for DEREGULATION. It all started with Saint Ronnie Reagan and continued for the last 26 years with John McCain.
A vote for McCain is a vote for DEREGULATION. He also plans to open both Social Security and Healthcare to the free market. I guess that means Wall Street types would make millions and then ask for another $700,000,000,000 TAX PAYER BAIL-OUT when they screw up again.
I don't trust McCain to do anything except what he has done for the last 26 years. He is against any government regulations - so he'll deregulate every industry to the detriment of the American people.
Besides, he's voted 90% of the time with Bush - arguably the worst president in our nation's history.
If the Democrats and Republicans had listened to McCain in 2005 we the people would not be in this mess.
Both Democrats and Republicans were aware of this mess and this bail out would not be necessary if the Senate had passed S190 back in 2005.
Alan Greenspan told Congress to act in the clearest possible terms. He said. ``We are placing the total financial system of the future at a substantial risk."
"What happened next was extraordinary. For the first time in history, a serious reform bill was passed by the Senate Banking Committee. The bill gave a regulator power to crack down, and would have required companies to eliminate their investments in risky assets".
The bill didn't become law as Democrats opposed it on a party-line vote in the committee, signaling that this would be a partisan issue.
That Democrat Senate roadblock in 2005 is unforgivable, as the people lost.
A look back to 2005 and we all will see what's worth keeping in mind while Democrats point fingers between now and Nov. 4.
Senator John McCain was one of the three cosponsors of S.190, the bill that WOULD HAVE AVERTED THIS MESS. Keep smiling""
Besides the obvious concern about the qualifications of Obama, this election is about which way the country will go. Socialism(Democrats) or Capitalism(Republicans).
Obama plans to give your hard earned tax dollars to 100 million American who do not have to pay taxes or do not have to file taxes. This is not a tax cut but a welfare cheque. He does not want to give small or large businesses a tax break but wants to raise business and corporate taxes. This will never produce a single job. He plans to put the Unions in charge of education and increase the size of government and its control over peoples lives and earnings.
He wants to renegotiate the free trade agreements, because the unions with their ever increasing demands have made it harder for American corporations and small businesses to compete with global trading partners.
He wants to talk, with out any conditions to radical Muslim terrorists and dictators from Cuba, South America and Europe.
He wants to jump into a new and prolonged war of 10, 15 or 25 years in Afghanistan, without any time frame or exit strategy.
Barack Hussein Obama is a lawyer with no historical perspective, but with great rhetoric and hype of hope and change. He is social worker (community organizer) and a junior legislator of less than 2 years, who votes present 40% of the time and votes 100% along party lines. He or Biden do not have the biography or experience or a record of change. No change, with zero accomplishments. Both might make better stay at home dads.
Obama's wife until recently was not proud of America and he is connected with the corrupt Chicago Daley gang; for 20 years had an infamous racist narcissistic spiritual adviser; has close ties with two convicted felons Tony Rezko (www.suntimes.com/.../353829,CST-NWS-rez2...) and Williams Ayers an unrepentant radical terrorist who bombed government buildings. He has never been vetted by the news media. Not the time for 4 years of on the job training program for Obama. Keep smiling"..
Henry Paulson is a Republican.
What a load. Aren't the republicans advocating the nationalization of major institutions? Oops, I mean bailing out troubled business and getting a government stake, which smacks of corporatism. Also how are Democrats socialist? As in none of this huff and bluster about helping their fellow man, but major pieces of legislation. Are they proposing to nationalize health care? If so, all the other major industrialized, capitalist countries already do that, or is the US the ONLY capitalist country left? Are the democrats advocating making college free? Are they nationalizing major resources like oil, coal, rail/air lines? Second, Obama didn't vote present 40% of the time in the US Senate, that's a very misleading quote. Besides voting present is extremely common in the Illinois state legislature.
Finally, anyone who makes it a point to remind everyone that Obama's middle name is Hussein is blatantly fearmongering. OMG the dems are trying to vote in a muslim oh no!!! Either that or you are categorically a racist. Pick either or.
I no longer believe any letters to the editor written on behalf of Senator McCain. They are ghostwritten and sent to local campaign offices for a local signature. McCain's campaign is the lowest, slimiest campaign since Richard Nixon's.
See:http://www.salon.com/news/feature/2008/09/24/mccain_letters/index.html
If McCain is so willing to protect 'mainstreet' from Wall Street, why did he announce last year in Bermuda that he would never permit legislation to prevent U.S. insurance companies from hiding their profits in Bermuda?
He's a two-faced snake.
See: http://www.swamppolitics.com/news/politi...